Quest Water Global Reports $630,907 Net Loss for Nine Months Ending September 30, 2025

Quest Water Global, Inc. has reported its financial results for the nine months ending September 30, 2025, revealing a net loss of $630,907, compared to a loss of $610,054 during the same period in 2024. The company did not generate any revenue in either period, maintaining a consistent trend of no sales. The loss per share for the nine months was $0.005, unchanged from the previous year. Total expenses for the current period increased to $630,907, up from $610,054 in the prior year, primarily due to higher management and marketing fees.

The company's financial position has deteriorated, with total assets rising to $72,794 from $1,533 at the end of 2024, largely due to an increase in amounts due from related companies. However, total liabilities also increased significantly to $3,009,661 from $2,406,693, resulting in a working capital deficiency of $3,003,593 and an accumulated deficit of $13,223,903. The increase in liabilities is attributed to advances from related parties, which are critical for the company's ongoing operations.

Strategically, Quest Water Global has entered into a public-private partnership with the National Office for Rural Hydraulics in the Democratic Republic of Congo, aiming to manufacture and install 300 AQUAtap community water centers over the next five years. This partnership requires the company to contribute $30 million over the term of the agreement. Additionally, a brand ambassador agreement was established with JK International Management LLC, which includes a commitment to pay $200,000 annually and issue 2 million shares of common stock.

Operationally, the company has not reported any significant customer growth or product adoption metrics, as it continues to focus on its AQUAtap Community Water Purification and Distribution systems. The company has maintained a consistent employee headcount, with no new hires reported in the latest filing. The outlook remains uncertain, with management indicating that substantial losses are expected to continue, and the ability to generate revenue in the next 12 months is uncertain. The company plans to seek additional financing through advances from related parties and potential equity financing to support its operations and strategic initiatives.